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$1,325,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,650 Sq. Ft.
  • 2 Car Garage
  • Updated 22 hours ago
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Experience the most breathtaking views of the ocean, bay, and city skyline from this spectacular 14th-floor condominium in The Gateway Grand, Ocean City's premier luxury residence. From sunrise over the ocean to sunsets over the bay and the sparkling city lights at night, the views are endless and unforgettable. This 3-bedroom, 3-bath floor plan allows for the master bedroom to access the incredible vistas. This residence is offered fully furnished and equipped, and includes a strong rental history-making it ideal as a vacation home or investment property. The gourmet kitchen features granite countertops, upgraded cabinetry, beautiful tile flooring, and stainless steel appliances. Elegant finishes and an open floor plan create a seamless blend of comfort and sophistication. Residents of The Gateway Grand enjoy world-class amenities, including: Year-round heated indoor pool and a large heated outdoor pool, 24-hour fitness center, kids club room, Large Oceanfront sundeck , Two reserved parking spaces and a large deeded storage locker, Secure building access with a staffed front desk, evening security, and camera monitoring of all amenities and the parking garage. This luxurious condo perfectly combines coastal living with resort-style comfort-offering both tranquility and convenience in one of Ocean City's most sought-after locations.

Full Property Details for 2 48th St #1402

General

  • Price: $1,325,000
  • HOA FEE: $921/month
  • Taxes: $12,701 (2024)
  • Status: Active
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2034434
  • Updated: 12/17/2025
  • Added to Site: 77 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Elevator, Sprinkler System, Walk-in Closet(s), Carpet, Combination Kitchen/Dining, Flat, Floor Plan - Traditional, Window Treatments
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Built-In Microwave, Exhaust Fan, Washer, Water Heater
  • Furnished: Yes
  • Flooring: Carpet, Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Floor Baths: 3
  • Main - Full Baths: 3

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Additional Information

  • Shared Amenities: Beach Club, Exercise Room, Game Room, Pool - Indoor, Pool - Outdoor, Security
  • Shared Pool: Yes
  • Pool: Yes
  • Security/Safety: Sprinkler System - Indoor

Exterior

  • Exterior Features: Exterior Lighting, Play Area, Secure Storage
  • Porch/Patio/Deck: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Type: Off Street, Parking Garage
  • Garage Description: Covered Parking

Location

  • Area: Oceanfront Indirect View (81)
  • Municipality: Ocean City
  • County: WORCESTER
  • Building Name: Gateway Grand
  • Driving Directions: 48th st & oceanfront.
  • Direction Faces: East
  • Location Details: Oceanfront
  • City Limits: Yes

School Information

  • School District: Worcester County Public Schools

Community

  • Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Water
  • Pets Allowed: Yes
  • Pets: Case by Case Basis

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV

Structural Information

  • Architectural Style: Unit/Flat
  • Structure Type: Hi-Rise 9+ Floors
  • Construction: Masonry
  • Foundation: Pillar/Post/Pier
  • Roof: Built-Up
  • Windows: Insulated, Screens
  • Entry Floor Number: 14
  • Stories Description: Main
  • Square Feet: 1,650
  • Sq. Ft. Source: Estimated
  • Living Area: 1,650 Sq. Ft.
  • Finished Above Grnd: 1,650 Sq. Ft.
  • Year Built: 2008
  • Year Built Source: Estimated
  • Property Condition: Excellent

Lot Features

  • Property View: Ocean, Bay, Panoramic
  • Zoning: R

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Front Type: Ocean
  • Water Front Name: Atlantic Ocean

Financial Considerations

  • Price Per Sq. Ft.: $803.03
  • Condo Fee: $921
  • Condo Fee Freq: Monthly
  • Assessment Year: 2024
  • City/TownTax: $4,016
  • City/TownTax Freq: Annually
  • County Tax: $7,668
  • County Tax Freq: Annually
  • Tax w/Assessment: $907,500
  • Tax Amount: $12,701
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Exclusions: Items in Owners closets and storage lockers.
  • Inclusions: Furniture, electronics etc.
  • Lot Number: 1402

Listed by Berkshire Hathaway HomeServices PenFed Realty, Anthony Golden and Berkshire Hathaway HomeServices PenFed Realty, Alexander Piela

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Listing agents

— 2 48th St #1402 —

  • Anthony Golden

    Berkshire Hathaway HomeServices PenFed Realty

  • Alexander Piela

    Berkshire Hathaway HomeServices PenFed Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2 48th St #1402

School District:Worcester County Public Schools
NameGradesDistance
Ocean City Elementary School
12828 Center Drive, Ocean City, MD 21842
PK-42.8 mi
Berlin Intermediate School
309 Franklin Avenue, Berlin, MD 21811
4-68.3 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-87 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-127 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2 48th St #1402 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/31/2025
Listed
$1,325,000
56.8%
MLS
3/03/2021
Sold
$845,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2 48th St #1402

Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,699
—
$1,056,000
39%
2023
$10,699
—
$759,000
—
2021
$10,725
—
$759,000
—
2021
$10,724
-1%
$759,000
—
2020
$10,789
1%
$758,433
—
2019
$10,706
—
$757,867
—
2018
$10,698
7%
$757,300
7%
2017
$10,017
8%
$705,600
8%
2016
$9,318
14%
$653,900
9%
2015
$8,144
2%
$602,200
2%
2014
$7,963
—
$588,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2 48th St #1402

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices PenFed Realty, Anthony Golden and Berkshire Hathaway HomeServices PenFed Realty, Alexander Piela

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2 48th Street #1402, Ocean City, MD 21842 (MLS# MDWO2034434) is a Condo property with 3 bedrooms and 3 full bathrooms. 2 48th Street #1402 is currently listed for $1,325,000 and was received on October 31, 2025. Want to learn more about 2 48th Street #1402? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

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